Everspin Technologies, Inc.

NasdaqGM:MRAM Stock Report

Market Cap: US$139.7m

Everspin Technologies Management

Management criteria checks 2/4

Everspin Technologies' CEO is Sanjeev Aggarwal, appointed in Mar 2022, has a tenure of 2.67 years. total yearly compensation is $2.12M, comprised of 21.2% salary and 78.8% bonuses, including company stock and options. directly owns 0.87% of the company’s shares, worth $1.22M. The average tenure of the management team and the board of directors is 2.7 years and 2.7 years respectively.

Key information

Sanjeev Aggarwal

Chief executive officer

US$2.1m

Total compensation

CEO salary percentage21.2%
CEO tenure2.7yrs
CEO ownership0.9%
Management average tenure2.7yrs
Board average tenure2.7yrs

Recent management updates

Recent updates

Everspin Technologies' (NASDAQ:MRAM) Problems Go Beyond Weak Profit

Nov 06
Everspin Technologies' (NASDAQ:MRAM) Problems Go Beyond Weak Profit

Everspin Technologies (NASDAQ:MRAM) Is Experiencing Growth In Returns On Capital

Oct 30
Everspin Technologies (NASDAQ:MRAM) Is Experiencing Growth In Returns On Capital

Everspin Technologies: Trying To Get Over The Hump

Oct 11

At US$5.98, Is Everspin Technologies, Inc. (NASDAQ:MRAM) Worth Looking At Closely?

Sep 20
At US$5.98, Is Everspin Technologies, Inc. (NASDAQ:MRAM) Worth Looking At Closely?

Everspin: Potential AI Buildout Beneficiary, With Giveaway Valuation

May 13

Everspin Technologies: At An Attractive Price Once More (Rating Upgrade)

Apr 03

Everspin Technologies, Inc.'s (NASDAQ:MRAM) Shareholders Might Be Looking For Exit

Mar 06
Everspin Technologies, Inc.'s (NASDAQ:MRAM) Shareholders Might Be Looking For Exit

Everspin Technologies: Fair Price Point With An Exciting Market Opportunity

Jan 15

Are Investors Undervaluing Everspin Technologies, Inc. (NASDAQ:MRAM) By 49%?

Jul 03
Are Investors Undervaluing Everspin Technologies, Inc. (NASDAQ:MRAM) By 49%?

Why Everspin Technologies, Inc. (NASDAQ:MRAM) Could Be Worth Watching

May 05
Why Everspin Technologies, Inc. (NASDAQ:MRAM) Could Be Worth Watching

Is Everspin Technologies (NASDAQ:MRAM) Using Too Much Debt?

Jan 10
Is Everspin Technologies (NASDAQ:MRAM) Using Too Much Debt?

We Think Everspin Technologies (NASDAQ:MRAM) Can Manage Its Debt With Ease

Oct 12
We Think Everspin Technologies (NASDAQ:MRAM) Can Manage Its Debt With Ease

Everspin: A Differentiated Semiconductor Memory Play To Invest In

Sep 14

Is Now The Time To Look At Buying Everspin Technologies, Inc. (NASDAQ:MRAM)?

Sep 02
Is Now The Time To Look At Buying Everspin Technologies, Inc. (NASDAQ:MRAM)?

Investors Should Be Encouraged By Everspin Technologies' (NASDAQ:MRAM) Returns On Capital

Aug 15
Investors Should Be Encouraged By Everspin Technologies' (NASDAQ:MRAM) Returns On Capital

Does Everspin Technologies (NASDAQ:MRAM) Have A Healthy Balance Sheet?

Jun 14
Does Everspin Technologies (NASDAQ:MRAM) Have A Healthy Balance Sheet?

Everspin: High-Growth Semiconductor Pick With New Product Line

May 06

CEO Compensation Analysis

How has Sanjeev Aggarwal's remuneration changed compared to Everspin Technologies's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$2m

Jun 30 2024n/an/a

US$2m

Mar 31 2024n/an/a

US$8m

Dec 31 2023US$2mUS$450k

US$9m

Sep 30 2023n/an/a

US$8m

Jun 30 2023n/an/a

US$7m

Mar 31 2023n/an/a

US$5m

Dec 31 2022US$2mUS$400k

US$6m

Sep 30 2022n/an/a

US$9m

Jun 30 2022n/an/a

US$8m

Mar 31 2022n/an/a

US$7m

Dec 31 2021US$812kUS$269k

US$4m

Sep 30 2021n/an/a

-US$915k

Jun 30 2021n/an/a

-US$6m

Mar 31 2021n/an/a

-US$7m

Dec 31 2020US$416kUS$251k

-US$9m

Compensation vs Market: Sanjeev's total compensation ($USD2.12M) is above average for companies of similar size in the US market ($USD649.07K).

Compensation vs Earnings: Sanjeev's compensation has been consistent with company performance over the past year.

CEO

Sanjeev Aggarwal (57 yo)

2.7yrs

Tenure

US$2,121,773

Compensation

Dr. Sanjeev Aggarwal, Ph D., serves as President & Chief Executive Officer of Everspin Technologies, Inc. since March 14, 2022 and serves as Director since March 2022 and served as its Director from March...

Leadership Team

NamePositionTenureCompensationOwnership
Sanjeev Aggarwal
President2.7yrsUS$2.12m0.87%
$ 1.2m
David Schrenk
Vice President of Sales & Business Development2.7yrsUS$669.41k0.44%
$ 613.2k
Matthew Tenorio
Interim Chief Financial Officerless than a yearno data0.027%
$ 37.7k
Amit Shah
Vice President of Operations2.7yrsno datano data
Kerry Nagel
Vice President of Technology2.7yrsno datano data
Aparna Oka
Corporate Controllerno datano datano data

2.7yrs

Average Tenure

57yo

Average Age

Experienced Management: MRAM's management team is considered experienced (2.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
Sanjeev Aggarwal
President2.7yrsUS$2.12m0.87%
$ 1.2m
Lawrence Finch
Independent Director16.4yrsUS$179.99k1.98%
$ 2.8m
Douglas Mitchell
Independent Directorless than a yearno datano data
Geoffrey Ribar
Independent Director5.9yrsUS$195.00k0.37%
$ 510.4k
Tara Long
Independent Director2.7yrsUS$62.50k0.11%
$ 148.9k
Darin Billerbeck
Chairman of the Board6.3yrsUS$241.67k0.47%
$ 659.8k
Glen Hawk
Independent Director2.7yrsUS$65.00k0.11%
$ 148.9k

2.7yrs

Average Tenure

64yo

Average Age

Experienced Board: MRAM's board of directors are not considered experienced ( 2.7 years average tenure), which suggests a new board.